See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $2,058 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,117 | $26,805+19.8% | $59,496-46.0% | $52,331-38.6% |
| Participation rate | 32.4% | 39.3%-6.9pp | 54.6%-22.1pp | 68.1%-35.7pp |
| Annual return | 1.33% | 2.61%-1.3pp | 182.05%-180.7pp | 4.54%-3.2pp |
| Employer contribution / active EE | $0 | $450-100.0% | $1,153-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $589 | $916-35.8% | $1,829-67.8% | $3,022-80.5% |
| Admin fee / account holder | $21 | $305-93.0% | $2,232-99.0% | $592-96.4% |